Blog Posts
We want to keep you updated on all the latest within the financial services industry.
Make sure you check out our posts below to stay informed!
Stage 3 tax cuts
Learn about the Stage 3 tax cuts effective from July 1, 2024, in Australia: Discover how the new tax rates and brackets will impact your income and tax payments.
New indexed superannuation contribution caps from 1st July 2024
Starting in 2024, all employees in Australia can sue employers for not meeting the 11% superannuation guarantee. This update extends rights, introducing penalties for non-compliance but includes exemptions for high-income earners. Understand the critical changes affecting employers and employees.
The case for a growing income stream
Exploring the importance of a growing income stream in investment portfolios, focusing on dividends, rental income, and the essential growth of assets for financial stability.
Practice Update March 2024
March edition of the Practice Update relating to ATO news and updates. Make sure you’re informed of any news that might affect you.
Superannuation March Quarter – Ensure you pay before Apr 28th
Your employee’s super contribution is only considered ‘paid’ on the date it’s received by the super fund. Significant penalties will apply for late payments.
Latest Fuel Tax Credit Rates for Businesses: July 2023 – June 2024 Update
Unlock smarter investment strategies in 2024 with insights on franking credits, fee impacts, tax advantages, and retirement planning to enhance your financial returns. Explore how subtle shifts can significantly influence your investment’s growth.
Investment returns – some other considerations
Unlock smarter investment strategies in 2024 with insights on franking credits, fee impacts, tax advantages, and retirement planning to enhance your financial returns. Explore how subtle shifts can significantly influence your investment’s growth.
Victorian company and its director issued $264,352 total penalty for engaging unlicensed labour hire providers
The Victorian Government imposes a $264,352 fine on a company and its director for engaging unlicensed labor hire, underscoring strict enforcement of licensing laws in 2024. The case reflects ongoing efforts to combat exploitation in the labor market, emphasizing the legal necessity for businesses to verify labor hire licenses.
When is an employer exempt from making superannuation contributions?
Starting in 2024, all employees in Australia can sue employers for not meeting the 11% superannuation guarantee. This update extends rights, introducing penalties for non-compliance but includes exemptions for high-income earners. Understand the critical changes affecting employers and employees.
Practice Update January/February 2024
January/February edition of the Practice Update relating to ATO news and updates. Make sure you’re informed of any news that might affect you.
Grants Update – On Farm Connectivity Program
This program aims to assist primary producers to take advantage of digital agribusiness solutions to boost productivity and improve safety. It forms part of the $656 million Better Connectivity Plan which is improving mobile and broadband connectivity and resilience in communities across the country.
It’s a New Year, Start 2024 with a Financial Plan & Start Growing Your Wealth
From fluctuating fuel prices to managing cash flow and planning for retirement, Plus 1 Group has helped countless truckies, couriers, and logistics professionals take control of their finances and drive towards a secure future.
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Sentinel Wealth Unit Trust T/As Plus 1 Wealth Advisors (ABN:11 408 695 672) is an Authorised Representative of Sentinel Wealth Managers Pty Ltd
(ABN: 73 108 328 294) AFS Licence 322211 | Financial Services Guide